• Location: New York NY
• Type: Perm
• Job #24959

Company Overview:
A leading investment management firm is seeking an Operations Associate specializing in asset-backed securities (ABS) to join their New York office. The role involves supporting the trading needs of the ABS portfolio manager and managing the front-to-back support of an ABS's life cycle.

Job Responsibilities:

• Actively support a portfolio of asset-backed securities, including various collateral types.
• Perform daily and monthly position and PnL reconciliation, resolving any differences with the administrator.
• Process month-end reconciliation tasks such as factor updates and interest distributions.
• Assist in portfolio valuation and manage requests to pricing counterparties and vendors.
• Collaborate on marketplace and reperforming loans securitizations, providing reporting support.
• Handle trade affirmation, confirmation, and settlement processes.
• Manage relationships and communication with internal teams and external parties.
• Facilitate treasury and cash management tasks, including external cash movements and wire submissions.
• Participate in special projects and strategic initiatives, focusing on process and system improvements.

Qualifications:

• Proficient in Microsoft Excel.
• Exposure to or direct knowledge of Intex, Bloomberg, and trustee websites.
• General knowledge of structured credit asset classes such as ABS, RMBS, CMBS, and CLOs.
• 3-4+ years of middle/back-office experience, preferably within a buy-side fund.
• Experience with portfolio management systems (e.g., Geneva, VPM).

Compensation:
Salary: $100,000 – $150,000